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investment for the sake of pocket money ?
I'm planning to make a small investment of Rs.5000. I want to invest this amt in such a way, so that I receive a certain amount of money every month, sort of like pocket money. Well, I'm confused as in where shall I invest in stock or mutual funds or debentures etc and also, I have no idea about what all companies pay interest/dividend on monthly basis...could really use some help :P
2 Answers
- Never-AgainLv 71 decade agoFavorite Answer
The typical vehicle would be investing in bonds or bond funds. There are usually both government and corporate bonds; the latter has more conservative and more aggressive types.
- Procto-BoyLv 41 decade ago
Do a search for "fixed-income investing". There are funds and investments that are geared towards people who want to earn regular income from them.
